BDA Advises Magna International on Strategic Alliance with SKH in India

New York, NY, August 17, 2024 — BDA Partners is pleased to announce that it has served as the exclusive financial advisor to its client, Magna International (“Magna”), on a completed transaction to form a strategic alliance through its body and chassis business in India with SKH.

As part of the alliance, Magna will continue to support SKH in engineering and product development services.

Kumar Mahtani, Partner, BDA, said, “We’re pleased to have found Magna a new partner for its body and chassis operations in India that not only values the business but, will preserve and enhance the business’s legacy of quality and customer focus. We look forward to the continued success of business under the new Joint Venture. This transaction solidifies BDA’s expertise across the automotive segment.”

BDA Deal team

– Kumar Mahtani, Partner, Head of Industrials, India
– Kunal Dattani, Director, Mumbai
– Dhwani Desai, Associate, Mumbai